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Call Report Preparation

Call Report Preparation

Who Should Attend

Call report preparation requires knowledge of bank accounting, bank regulations, and virtually all bank operations. Banks should train a preparer and reviewer. Anyone responsible for preparing, auditing, or signing the call report will find the program valuable. New and experienced preparers and reviewers should be trained.  The seminar will provide basic training for new preparers, though some basic accounting knowledge is helpful, and complete coverage of new and complex issues for experienced preparers. Annual training is highly recommended by bank regulators.

Program Topics

The seminar will provide basic training for new preparers and complete coverage of new and complex issues for experienced preparers. This Call Report seminar presentation will be in the order of the schedules, starting with the Income Statement schedules followed by all Balance Sheet schedules. New, proposed, and revised changes will be discussed with the schedules they will impact and a summary of all recent updates will be included at the end of the manual. Participants will receive a 300+ page manual and Ms. Thomas will be available to answer future Call Report questions by email. Annual training is highly recommended by regulators. Participants may want to bring their bank’s most recent Call Report for resolution of questions during the session. The FFIEC 041 & 051 forms will be used in the presentation and materials.

Order of the Program:
  • General Instructions
  • Amendments
  • Procedures
  • Income Statement Schedules
    RI, Report of Income
    RI-A, Changes in Equity Capital
    RI-B, Charge-Off’s and Recoveries
    RI-C, Disaggregate Allowance for Loan Losses
    RI-E, Explanations 
  • Balance Sheet Schedules:
  • RC, Report of Condition
    RC-A, Cash and Due From Banks
    RC-B, Securities
    RC-C, Loan
    RC-E, Deposits
    RC-F, Other Assets
    RC-G, Other Liabilities
    RC-K, Average Balances
    RC-L, Unused Commitments & Off Balance Sheet Items
    RC-M, Memoranda
    RC-N, Past Due & Nonaccruals
    RC-O, Insurance Assessments
    RC-P, Mortgage Banking Activities
    RC-Q, Assets and Liabilities Measured at Fair Value
    RC-R, Risk Based Capital, including approved & proposed changes
    RC-S, Servicing, Securitization, Sales
    RC-T, Trust Department

    Recently Approved and Proposed Revisions:
    2019-2020 Approved & Proposed Revisions
    • Increase in small bank asset size eligibility for filing on the FFIEC 051 form from $1 billion to $5 billion – effective 9/30/19
    • Option to calculate a simple leverage ratio, rather than multiple measures of capital adequacy for banks that meet certain criteria.
    • Semi-annual reporting for several more line items on the FFIEC 051 form, primarily RCR Pt II lines 1-25, risk weighting of on and off balance sheet assets – effective 9/30/19
    • Banks with assets over $1 billion that file on the FFIEC 051 form will still have to provide information on consumer deposit accounts and the related service charges, disaggregated data on the allowance for credit losses, and uninsured deposits in certain quarters – effective 9/30/19
    • Update to brokered deposit definition to exclude certain reciprocal deposits – effective 3/31/19
    June, 2018 Revision
    • New information on the HVCRE definition as well as reporting of reciprocal deposits
    March, 2018 Revision
    • Maintaining phase in percentage deduction and risk weighting on certain RCR items
    Simplification to the Capital Rules
    • Approved changes to the capital deductions & risk weighting of mortgage servicing assets (MSAs), deferred tax assets (DTAs) arising from timing differences not realizable through carryback, investments in the capital of unconsolidated financial institutions, and minority interests – effective 4/1/20 
    Recent Accounting Updates (equities, leases, other real estate)

    Presenter

    Cynthia A. Dopjera, CPA has managed various areas within regional community banks, to include accounting, financial reporting, Call Report preparation and review, retail operations, deposit operations, regulatory compliance, loan and credit administration, as well as serving as President and CEO. In 2000, Ms. Dopjera joined the public accounting firm of Harper & Pearson Company, P.C. where she served as Shareholder, Chairman of the Board, and Practice Leader for the Firm’s financial institutions practice. Ms. Dopjera retired June 1, 2018 from Harper & Pearson Company and currently provides accounting, consulting, and training services to financial institutions.

    Registration Fee (This fee includes materials, lunch, and refreshments)

    Member: $500

    Qualified non-member bank:
    $1,000

    Note:  You will be given the option to pay by credit card or to invoice your company during the checkout process.

    Dates & Times

    February 11 & 12, 2020
    Check in:  8:30 AM
    Program:  9:00 AM - 4:00 PM Day One/8:30 AM - 3:30 PM Day Two

    Location

    Embassy Suites Hotel
    2800 American Boulevard West
    Bloomington, MN 55431
    952-884-4811
    Click here for directions

    Lodging

    Housing accommodations can be made directly with the Embassy Suites Bloomington by calling 952-884-4811. Ask for the Minnesota Bankers Association room block or group code MBS or go to the Personalized Group Webpage. Group rate cut-off date is January 29, 2020.

    Cancellation Policy

    The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to maryh@minnbankers.com. A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show.

    Non-Members

    Qualified non-members are encouraged to apply. Please call our office for further information.

    Special Needs

    If you have a disability that may affect your participation in this program - or any dietary issues - please send a statement regarding any special needs to maryh@minnbankers.com at least two weeks prior to the program. We will contact you to discuss accommodations.
When
2/11/2020 9:00 AM - 2/12/2020 3:30 PM
Where
Embassy Suites 2800 American Boulevard West Bloomington, MN 55430

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